Vancouver, British Columbia, August 28, 2017 – Telson Resources Inc. (“Telson” or the “Company”) (TSX Venture – TSN.V) is pleased to announce that it has commenced underground mining operations at its newly acquired Campo Morado Mine. Mining has commenced within areas of the El Largo Zone containing higher precious metal values along with significant base metals.
The Company plans to create a stockpile of mill feed of up to 80,000 tons to support the initial start-up of the sulfide floatation mill, planned to commence immediately after securing operating capital. The initial processing is planned to commence at approximately 1000 tons per day and will slowly be ramped up to the mill’s ultimate capacity of 2,500 tonnes per day.
During the past six weeks Campo Morado mine site personnel have fully serviced all mobile underground and surface mining equipment. Crews have been servicing, cleaning, repairing/rehabilitating electrical motors and moving parts and equipment where necessary to ready the mine site and mineral processing plant for commencement of commercial production planned immediately after securing operating capital.